Thursday, September 30, 2010

On Wednesday, market opened gap-up near day resistance level but failed to hold, which lead to huge sell-off in market thru out the day. Oil & Gas, Metals, Realty and FMCG remain under selling pressure whereas IT and banking counters remain under profit booking. Market breadth was negative. Midcap & Smallcap index close in red. Indicator RSI closed at 71.30 breaking neckline level near 74 of H&S pattern which will target RSI at 64 and 52 in coming days.

For the day, the level of 5975 and 5960 may act as a major support
for the market and the level of 6005 and 6020 may act as a major hurdle. Mostly all technical indicators are in an overbought zone with some showing negative divergence so one needs to remain cautious.

The short term trend will turn negative below the level of 5945.

Day trader can go long on nifty above 6005 with stop loss 5990 for
target 6020 / 6045 and can go short below 5975 with stop loss 5990
for target 5960 / 5935.

•Intraday traders must square off their daily position only after referring to the daily predictions.
•All those who take position on weekly or monthly basis, must take an overall view of monthly chart and daily predictions.
•Long term investors, refer to the yearly graph and deal patiently.
•Too many cooks spoil the broth ?? a mixture of all the tips (technical, fundamental & astrological) will only make things difficult & you may incur losses, says Ganesha.
•No matter how good a dealer you are at the stock market, make sure you refer to your birth chart for the yogas in your main horoscope once & move ahead according to the planetary positions.
•Don't risk a huge amount of money to earn a meagre profit.
•People born on 6, 15 & 24, should wear '6 mukhi + 7 mukhi rudraksh'.
•Those born on 7, 15 & 25 should wear '9 mukhi + 14 mukhi rudraksh'.
•There may be a correction at 11:35, and at 14:10, there may be a jump, but by how many points is difficult to say.
•Till 11:35, a lot of confusion can be seen at the market & the time seems unreliable.
•From 11:35 to 12:45, there may be hope at Nifty.
•From 12:45 to 14:00, Nifty is average.
•From 14:00 to 15:30, there may be a buying trend in heavy weight scrips.

Wednesday, September 29, 2010

On Tuesday, market opened flat and traded in a range for while. After breaking lower band of the range, selling came in and during the last hour of session good buying came in from support levels.Oil & Gas, Banking and IT remain under selling pressure where as good buying was seen in Capital Goods. Market breadth was negative. Midcap & Smallcap index closed slightly in green.

For the day, the level of 6015 and 5990 may act as a major support for the market and the level of 6045 and 6070 may act as a major hurdle. Mostly all technical indicators are in an overbought zone so one needs to be cautious at higher levels. Banking and IT may remain under selling pressure. Sell on rise and buy on dips.

The short term trend will turn negative below the level of 5860.

Day trader can go long on nifty above 6050 with stop loss 6030 for
target 6070 / 6085 and can go short below 6010 with stop loss 6030
for target 5990 / 5975.

•Intraday traders must square off their daily position only after referring to the daily predictions.
•All those who take position on weekly or monthly basis, must take an overall view of monthly chart and daily predictions.
•Long term investors, refer to the yearly graph and deal patiently.
•Too many cooks spoil the broth ?? a mixture of all the tips (technical, fundamental & astrological) will only make things difficult & you may incur losses, says Ganesha.
•No matter how good a dealer you are at the stock market, make sure you refer to your birth chart for the yogas in your main horoscope once & move ahead according to the planetary positions.
•Don't risk a huge amount of money to earn a meagre profit.
•All those born on 4th, 13th, 22nd and 31st should wear '8 mukhi + 10 mukhi rudraksh'.
•People whose birthday falls on 5, 14 & 23 should wear '4 mukhi rudraksh'.
•Till 10:55, Ganesha says, 'trend is our friend'. No fixed method is applicable.
•From 10:55 to 13:15, in this time frame, Nifty may go down in the beginning and then go up step-by-step. It will create a graph similar to the image of electric current.•From 13:15 till closing bell, Nifty may go up, but with tension.

Tuesday, September 28, 2010

On Monday, market opened gap-up and traded in a range. During second half of the session some selling came in from higher levels but market manage to close in green. Metals, Oil & Gas and Realty attracted good buying whereas Banking and IT remain under selling pressure. Market breadth was mixed more over on negative side. Midcap & Smallcap index closed slightly in green.

For the day, the level of 6015 and 5995 may act as a major support
for the market and the level of 6055 and 6075 may act as a major hurdle. Mostly all technical indicators are in an overbought zone so one needs to be cautious at higher levels.

The short term trend will turn negative below the level of 5860.

Day trader can go long on nifty above 6055 with stop loss 6035 for
target 6075 / 6095 and can go short below 6015 with stop loss 6035
for target 5995 / 5975.

•Intraday traders must square off their daily position only after referring to the daily predictions.
•All those who take position on weekly or monthly basis, must take an overall view of monthly chart and daily predictions.
•Long term investors, refer to the yearly graph and deal patiently.
•Too many cooks spoil the broth ?? a mixture of all the tips (technical, fundamental & astrological) will only make things difficult & you may incur losses, says Ganesha.
•No matter how good a dealer you are at the stock market, make sure you refer to your birth chart for the yogas in your main horoscope once & move ahead according to the planetary positions.
•Don't risk a huge amount of money to earn a meagre profit.
•All those with birth dates 3, 12, 21 & 30, should wear '5 mukhi rudraksh'.
•It's not favourable period till 9:30, do profit-booking.
•From 9:30 to 10:40, there is no clear trend; Nifty will maintain the weightage though.
•From 10:40 to 11:50, Nifty will be soft
•From 11:50 to 13:00, there are chances of a short covering.
•From 13:00 to 14:10, Nifty shows strength; but frequent entry & exit will prove beneficial.
•From 14:10 to 14:30, there may be a big jump, however, don't blame Ganesha if it does not happen.
•From 14:30 to 15:30, the highest value and volume-based work may increase at Nifty, and jobbing may prove beneficial.

On Friday, market opened flat and later attracted huge buying in all the indices. Buying continue thru out the day mostly in FMCG, Banking, Telecom and Realty. Market breadth was positive. Midcap & Smallcap index closed up 1% in green. For this week level to watch out on upside is 6065 and on downside 5945, close above or below will decide the next move in the market.

For the day, the level of 6005 and 5990 may act as a major support for the market and the level of 6035 and 6050 may act as a major hurdle. Mostly all technical indicators are in an overbought zone so one needs to be cautious at higher levels. Market will be volatile.

The short term trend will turn negative below the level of 5760.

Day trader can go long on nifty above 6035 with stop loss 6020 for target 6050 / 6065 and can go short below 6005 with stop loss 6020 for target 5990 / 5975.

•Intraday traders must square off their daily position only after referring to the daily predictions.
•All those who take position on weekly or monthly basis, must take an overall view of monthly chart and daily predictions.
•Long term investors, refer to the yearly graph and deal patiently.
•Too many cooks spoil the broth ?? a mixture of all the tips (technical, fundamental & astrological) will only make things difficult & you may incur losses, says Ganesha.
•No matter how good a dealer you are at the stock market, make sure you refer to your birth chart for the yogas in your main horoscope once & move ahead according to the planetary positions.
•Don't risk a huge amount of money to earn a meagre profit.
•All those born on the 1st, 10th, 19th & 28th should wear '1 mukhi rudraksh'
•Those who are born on the 2nd, 11th, 20th & 29th should wear '2 mukhi + gaurishankar rudraksh'.
•No matter at how many points Nifty opens, it does not seem very reliable, observes Ganesha. Be cautious till 11:50.
•From 11:50 to 15:30, Nifty may go up step-by-step & again come down step-by-step. But, overall it may show strength.
•At 13:50, 14:10 & 15:00, there will be a small correction

Friday, September 24, 2010

On Thursday, profit booking continue in market and remain highly volatile thru out the day. FMCG attracted good buying during second half of the session. Banking, Realty and Oil & Gas was under selling pressure thru out the day. Market breadth was negative. Volume for the day was low. Midcap index closed marginally in red.

For the day, the level of 5940 and 5915 may act as a major support for the market and the level of 5970 and 5995 may act as a major hurdle. Mostly all technical indicators are in an overbought zone so one needs to be cautious at higher levels. Market will be volatile and profit booking may continue.

The short term trend will turn negative below the level of 5760.

Day trader can go long on nifty above 5970 with stop loss 5945 for
target 5995 / 6025 and can go short below 5940 with stop loss 5965
for target 5915 / 5985.

•Nifty may hover around the surface till 12.45 as the weightage is zero. Overall, Nifty may show strength and jobbing is the only thing that will make you earn profits. Forget about other tips, sms and news.
•From 12.45 to 13.30, Nifty will go up twice and take a dip, once.
•From 13.30 to 14.40, it's a period of confusion as Nifty will change its strength frequently. Deal according to the capacity of your delivery.
•From 14.40 to 15.30, Nifty may create a 'head & shoulder' kind of a pattern i.e. it may go some points on the positive side and some on the negative side of the axis.
•Next week, Ganesha foresees that there is a possibility of the opening being between flat and negative.

Thursday, September 23, 2010

On Wednesday, market open in green but faced selling pressure at higher levels and remain volatile thru out the day. Banking attracted good buying during second half of the session. IT and Capital Good was under selling pressure. Market breadth was negative. Midcap & Smallcap index closed in red.

For the day, the level of 5965 and 5940 may act as a major support for the market and the level of 6025 and 6050 may act as a major hurdle. Mostly all technical indicators are in an overbought zone so one needs to be cautious at higher levels. Market will be volatile.

The short term trend will turn negative below the level of 5760.

Day trader can go long on nifty above 6025 with stop loss 6005 for
target 6050 / 6075 and can go short below 5965 with stop loss 5985
for target 5940 / 5915.

•Nifty may be very positive at 9:05, but may suddenly go downward. You have set a limit in your terminal and Ganesha advises you not to deal without stop-loss.
•From 9.15 to 12.05, a period of confusion. Just observe the terminal; consider no deal as a profit deal.
•From 12.05 to 13.15, Nifty may make you do jobbing on the upper side.
•From 13.15 to 14.10, with respect to the previous points, Nifty may make a 'W'-shaped graph. You may be able to take a good decision.
•From 14.10 to 15.30 Nifty may show strength, but will come across profit booking in between. However, no need to worry.

Wednesday, September 22, 2010

On Tuesday, market opened gap-up and remain volatile thru out the day. Both Nifty and Sensex manage to cross 6000 and 20000 level, closing above the same for the first time since January 2008. Banking sector remain under profit booking. IT and Pharma attracted huge buying. Market breadth was negative and profit booking was seen at higher levels. Midcap & Smallcap index closed in red.

For the day, the level of 5990 and 5960 may act as a major support
for the market and the level of 6020 and 6045 may act as a major hurdle. Mostly all technical indicators are in an overbought zone so one needs to be cautious at higher levels.

The short term trend will turn negative below the level of 5760.

Day trader can go long on nifty above 6020 with stop loss 6000 for
target 6045 / 6060 and can go short below 5985 with stop loss 6005
for target 5960 / 5945.

•Ganesha foresees an amazing pattern. Nifty may be highly volatile and keep the market on the upper side of the surface.
•From 11.10 to 12.20, there is a selling pressure in the market, but by how many points, is difficult to predict.
•From 12.20 till the closing time, Nifty may show strength.

•However, you may spot some change in trend at 13.45, 14.40 and 15.20.

On Monday, market opened gap-up and remain positive thru out the day.
Mostly all sectors attracted huge buying, but some weakness was seen in Pharma and IT. Volume for the day was lower then previous trading session.

For the day, the level of 5965 and 5940 may act as a major support
for the market and the level of 6000 and 6025 may act as a major hurdle. Mostly all technical indicators are in an overbought zone so one needs to be cautious at higher levels.

The short term trend will turn negative below the level of 5760.

Day trader can go long on nifty above 6000 with stop loss 5980 for
target 6025 / 6050 and can go short below 5965 with stop loss 5985
for target 5940 / 5915.

•The opening is good, according to Ganesha. But once you exit, it may show you a downward trend. Nifty will pass time till 12.30 by changing trends, frequently.
•From 12.30 to 13.30, Nifty may be highly volatile, and may make you do jobbing.
•From 13.30 to 14.25, Nifty is likely to be highly unpredictable. If there's no way out then keep a margin of Re.1 and keep exiting.
•From 14.25 to 15.30, Nifty may bring you where you had begun. Don't be too adventurous; instead, pay attention to profit booking.

Monday, September 20, 2010

On Friday, with support of global clues market opened gap-up and remain positive thru out the day. For the past week all indices closed in green, top gainer were banking and oil & gas sector both gaining more then 5%. For this week resistance comes at 5960-5980 and support 5780-5750. Mostly all technical indicators are in an overbought zone so one needs to be cautious at higher levels.

For the day, the level of 5865 and 5845 may act as a major support
for the market and the level of 5905 and 5920 may act as a major hurdle.

The short term trend will turn negative below the level of 5760.

Day trader can go long on nifty above 5905 with stop loss 5885 for
target 5920 / 5935 and can go short below 5860 with stop loss 5880
for target 5845 / 5825.

•With the grace of Ganesha, Nifty will remain positive for 15 minutes after opening.
•From 9.15 to 12.20, Nifty's market breadth is likely to be between flat to negative.
•From 12.20 till the closing time, Nifty may go up step by step, and then take a downward trend, again step by step. But, overall, Nifty may show strength.

Thursday, September 16, 2010

On Wednesday, market opened on positive node, breaking all
resistance for the day and remained highly volatile thru out the
session. Tech and Oil & Gas sector attracted good buying and selling
pressure was seen in banking & cement sector. Midcap & Smallcap
index remain under selling pressure.

For the day, the level of 5840 and 5810 may act as a major support
for the market and the level of 5900 and 5920 may act as a major
hurdle. The next move in market will depend on credit policy.

The short term trend will turn negative below the level of 5640.

Day trader can go long on nifty above 5875 with stop loss 5855 for
target 5900 / 5920 and can go short below 5840 with stop loss 5860
for target 5810 / 5780.

•During this week, Ganesha asks you to observe that in the time slot between 9:30 and 15:20, Nifty may be more on the upper side just for 15 minutes; while time slot around 12:45 may show a more downward trend. However, it's not confirmed.
•Gradually, there may come a situation, which can create panic, foresees Ganesha.
•From 9:05 to 10:15, initially Nifty will be flat to positive and later have a zero weightage. It will bring you at the same position you begun with. (0.00)
•From 10:15 to 12:30, Nifty may make you do jobbing on the down side, repeatedly.
•From 12:30 to 13:40, largecap may come handy to you.
•From 13:40 to 15:30, overall, the period is good. But there are chances of correction around 13:55 and 14:55.

Wednesday, September 15, 2010

On Tuesday, market opened on positive node, breaking all resistance
for the day. However selling / profit booking was seen on higher
levels. Tech & Auto sector attract good buying thru out the day and
selling pressure was seen in banking sector.
Midcap & Smallcap Index closed down more then 0.5%

For the day, the level of 5780 and 5755 may act as a major support
for the market and the level of 5810 and 5840 may act as a major
hurdle. Profit booking may continue in banking sector.

The short term trend will turn negative below the level of 5640.

Day trader can go long on nifty above 5810 with stop loss 5790 for
target 5840/5855 and can go short below 5780 with stop loss 5800
for target 5755/5730.

•During this week, Ganesha asks you to observe that in the time slot between 9:30 and 15:20, Nifty may be more on the upper side just for 15 minutes; while time slot around 12:45 may show a more downward trend. However, it's not confirmed.
•Gradually, there may come a situation, which can create panic, foresees Ganesha.
•It's a day of high alert and of extreme price movements, foresees Ganesha.
•Take an exit till 9:30, advises Ganesha.
•From 9:30 to 11:25, Ganehsa predicts a W-shaped graph during this time period.
•From 11:25 to 12:45, the time is even more volatile; rather than being hypothetical, take practical judgements.

Tuesday, September 14, 2010

On Monday, market opened gap up on strong IIP numbers and global
clues gave good support to the market and buying continued thru out
the day. However banking sector remain strong, during second half of
the session good buying was seen in realty sector.

For the day, the level of 5730 and 5715 may act as a major support
for the market and the level of 5785 and 5800 may act as a major
hurdle. Short / medium term trader can hold short position in nifty
with stop loss of three consecutive close above 5680. Day one close
above 5680

The short term trend will turn negative below the level of 5640.

Day trader can go long on nifty above 5770 with stop loss 5750 for
target 5785/5800 and can go short below 5745 with stop loss 5765
for target 5730 /5715.

•Nifty may hover around the surface in the beginning. After staying at the surface for sometime, it may keep on changing trends later till 11:35.
•From 11:35 to 12:45, the time slot is risky. Do not make average as it seems as risky as catching a falling knife.
•From 12:45 to 14:00, the time is full of paradox of complexity. Overall, it will have a hold on the market.
•From 14:00 to 14:25, it's an unpredictable period.
•From 14:25 to 15:30, you will be highly confused, but will be able to do the business on the upper side.

Monday, September 13, 2010

•From 9:05 to 9:45, keeping stop-loss at Nifty, you will be able to work on the upper side.
•From 9:45 to 12:45, there is risk at Nifty; deal in specific scrips. There are chances of overall market breadth being negative.
•From 12:45 to 15:30, Nifty may make you do jobbing through the strength of your analytical abilities, news and delivery.

On Thursday, market opened gap up on global clues and took
resistance at 5640. In the first-half market remain under selling
pressure, during second-half buying came in the market but not
much volume was seen on up-side and near closing bell market went
under profit booking as expected.

For the day, the level of 5625 and 5605 may act as a major support
for the market and the level of 5660 and 5680 may act as a major
hurdle. Short / medium term traders are advisable to book profit in
long position. Short / medium term trader can start building short
position in nifty above 5600 level in parts with stop loss of three
consecutive close above 5680.

The short term trend will turn negative below the level of 5570.
No trading call for the day

On Wednesday, market opened gap down on global clues and took
support near 5560. In the first-half of session nifty traded in a range
5575-5595, during second-half of session nifty manage to hit
resistance levels but could not sustain on higher levels and went
under heavy profit booking as expected. Volume for the day went
down nearly 25% from previous trading session.

For the day, the level of 5580 and 5560 may act as a major support
for the market and the level of 5625/5640 may act as a major hurdle.
Short / medium term traders are advisable to start booking profit in
long position. Short / medium term trader can start building short
position in nifty above 5600 level in parts with stop loss of three
consecutive close above 5680.

The short term trend will turn negative below the level of 5530.

Day trader can go long on nifty above 5615 with stop loss 5590 for
target 5640/5660 and can go short below 5580 with stop loss 5605
for target 5560/5545.

•Consider 10 minutes plus and minus in each prediction and act accordingly.
•From 9:05 to 13:00, Nifty may show strength in the beginning; there is no clear trend thereafter.
•From 13:00 to 14:10, there may be a buying trend in volume and value-based scrips.
•From 14:10 to 14:30, Nifty may slip down for 30 minutes. A very short time and not reliable enough.
•From 14:30 to 15:10, Nifty may bounce up.
•From 15:10 to 15:30, Nifty may be flat to negative. Overall, a dull day.

On Tuesday, market opened flat on global clues, during the whole
session nifty was trading in a range 5575-5595, during last hour of
session nifty manage to hit resistance levels of 5605/5630 , but could
not sustain and last 15 minutes went under heavy profit booking as
expected. Nifty 5700 calls added huge open interest, the move in
nifty and so much volatility in nifty sept 5700 call options led to a
conclusion of huge call writing in nifty sept 5700 call option.

For the day, the level of 5580 and 5560 may act as a major support
for the market and the level of 5615/5640 may act as a major hurdle.
Short / medium term traders are advisable to start booking profit in
long position. Short / medium term trader can start building short
position in nifty above 5600 level in parts with stop loss of three
consecutive close above 5680.

Day trader can go long on nifty above 5615 with stop loss 5480 for
target 5640/5660 and can go short below 5580 with stop loss 5605
for target 5560 /5545.

•Consider 10 minutes plus and minus in each prediction and act accordingly.
•From 9:05 to 10:00, Nifty may do time-pass in the range-bound area.
•From 10:00 till next 40 minutes, Nifty may be under pressure.
•From 10:40 to 13:00, it's a tight range; keeping on the top at the beginning, profit booking is likely.
•From 13:00 till the closing time, you may experience the effect of global market, but the time 14:25 is crucial; overall an upward trend.

On Monday, market again manage to open above 5500 and
consolidated well between 5520 – 5540 levels, during second-half
market manage to break our level of 5560, as expected above 5560
market hit levels of 5590 and close at 5580. But the volumes in
market were not much as expected.

For the day, the level of 5560 and 5530 may act as a major support
for the market and the level of 5605/5630 may act as a major hurdle.
Short / medium term traders are advisable to start booking profit in
long above 5600-5620 levels. Short / medium term trader can start
building short position in nifty above 5600-5620 level in parts with
stop loss of three consecutive close above 5680.

The medium term trend will turn negative below the level of 5510.

Day trader can go long on nifty above 5590 with stop loss 5475 for
target 5615/5630 and can go short below 5560 with stop loss 5575
for target 5535 /5520.

•Consider 10 minutes plus and minus in each prediction and act accordingly.•From 9:05 to 10:55, Nifty may remain up in the beginning. Later, Nifty may go side-way, notes Ganesha.

•From 10:55 to 12:05, be patient; heavyweight scrip buying is observed along with a small correction.

•From 12:05 to 13:15, Nifty may breakout on the downside, foresees Ganesha.
•From 13:15 to 14:30, Nifty will make you do jobbing after you make a trading strategy.
•From 14:30 to 15:30, after making you do jobbing on the down side, a short covering is very likely.

On Friday, market again opened above 5500, but could not sustain.
During the whole session nifty consolidated well between the range
5475-5495 and manage to close above 5470.

For the day, the level of 5470 and 5445 may act as a major support
for the market and the level of 5500/5525 may act as a major hurdle.
Short term traders should follow the strict stop loss, close below
5430 may trigger fresh weakness in the market. On other side break
above 5525 we can expect levels of 5545-5555 and move above 5560
level with good volumes will bring in fresh short covering which will
move the market till levels of 5590-5620.

The short term trend will turn negative below the level of 5430.
The medium term trend will turn positive above the level of 5560.

Day trader can go long on nifty above 5500 with stop loss 5470 for
target 5525/5550 and can go short below 5465 with stop loss 5490
for target 5445 /5430.

•Consider 10 minutes plus and minus in each prediction and act accordingly.
•The downward trend in the yearly graph has begun from 6th September. But the monthly weightage is good as yet in this week. So, start preparing your portfolios.
•From 9:05 to 10:10, Nifty provides opportunity on the upper side.
•From 10:10 to 13:15, there may be a downward momentum at Nifty.
•From 13:15 to 15:30, Nifty will be highly volatile, but will remain on the upper side.

Friday, September 3, 2010

On Thursday, as expected market opened gap-up above 5500, but
could not sustain. During the whole session nifty consolidated well
between the range 5480-5500 with good volumes on higher side and
manage to close above 5470, overall it was a positive sign for market.

For the day, the level of 5470 and 5435 may act as a major support
for the market and the level of 5505/5525 may act as a major hurdle.
Short term traders can hold long position in nifty with revised
stop loss of 5470 on closing basis for remaining target of 5545.

It is advisable for short seller to cover back position on sustain above
5560 level as it would bring in fresh short covering.

The medium term trend will turn positive above the level of 5560.

Day trader can go long on nifty above 5505 with stop loss 5470 for
target 5525/5555

•Consider 10 minutes plus and minus in each prediction and act accordingly.
•Ganesha's advice to brace yourself is for the month of September 2010, so don't panic. Do not feel worried about August 2010 as the graph shows a good weekly weightage.
•Ganesha sees no particular trend from 6th September to 9th September. Be alert, as the market is taking time to decide a pattern.
•From 9:05 to 10:25, Nifty may show a bullish trend.
•From 10:25 to 12:35, take a break, as the time period is not very favourable. Consider no trading equal to profits.
•12:35 to 13:25, Nifty may show profit booking.
•From 13:25 onwards, including weekend, there may be a buying trend at Nifty, but is not reliable. Move ahead with stop-loss

Thursday, September 2, 2010

On Wednesday, the market opened higher as it was expected, duringsecond-half market rallied sharply with good short covering andbreaking all resistance for the day and close above 5470.

For the day, the level of 5445 and 5420 may act as a major supportfor the market and the level of 5505/5530 may act as a major hurdle.Short term traders can hold long position in nifty with revisedstop loss of 5440 on closing basis for remaining targets of 5510/5545.It is advisable to start booking profits near 5530-5550 levels.

The medium term trend will turn negative below the level of 5340.

Day trader can go long on nifty above 5505 with stop loss 5470 fortarget 5530/5556

•Consider 10 minutes plus and minus in each prediction and act accordingly.
•Ganesha's advice to brace yourself is for the month of September 2010, so don't panic. Do not feel worried about August 2010 as the graph shows a good weekly weightage.
•From today, Venus enters Libra, which will stay till January 1, 2011. Due to this, the overall period may be good to achieve targets for those whose names begin with letters 'R' and 'T'.
•Those whose demat ID's total is 4, 8, 13, 17, 22, 26, 31 need to do some remedy.
•Nifty may be relaxed in the beginning and stay on the upper side till 11:05. It may create pressure in last 45 minutes.
•11:05 to 13:30, it's not a useful period. The market may be direction-less, you may gain less money than expected, so be prepared.
•From 13:30 till the end of the trading period, you may come across a short term gain on the upper side.

On Tuesday, the market opened lower as it was expected, sellingcontinued till first-half session and tested medium term support5350.During second-half make bounded back sharply from supportlevels with good volumesFor the day, the level of 5360 and 5345 may act as a major supportfor the market and the level of 5425/5451 may act as a major hurdle.Short term traders may look for buying opportunity between 5360-5425 with a tight stop loss 5340 on a closing basis for target5476/5510/5545.The medium term trend will turn negative below the level of 5340.Day trader can go long on nifty above 5425 with stop loss 5390 fortarget 5451/5476NIFTY AFTERNOON TRADING CALL

•Consider 10 minutes plus and minus in each prediction and act accordingly.
•Ganesha's advice to brace yourself is for the month of September 2010, so don't panic. Do not feel worried about August 2010 as the graph shows a good weekly weightage.
•From 9:05 to 10:30 there may be a buying trend in technical and fundamental scrips.
•From 10:30 to 12:30, there is hope at Nifty, keep exiting frequently.
•From 12:30 to 14:00 the time frame is like a mirage; your management may prove to be deceptive.
•From 14:00 to 15:30, after a correction, the overall time may prove to be strong..

LNT ON CLOSE ABOVE 1585 STOPLOSS 1550 TGT 1670-1690 BOOK PROFIT IN THE ZONE RISKY PLAYER CAN TAKE SHORT POSITION NEAR 1680 WITH...

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